If you are looking to sell your investment property, consider hiring a home inspector to make sure the following items are in order and fix any potential problem. This will eliminate any further negotiating on your sales price once the house is under contract due to a potential buyer finding problems with the property from their inspection.

1. Wiring – make sure the wiring is sufficient and working.

2. Roof leaks.

3. Heating systems are operating correctly and filters have been changed.

4. Structural problems. Cracks in the walls, foundations and ceilings that may not be so obvious to you.

5. Plumbing.

6. Mold, radon, soils inspections.

7. Overall maintenance and cosmetic issues.

Though it may cost you a few hundred dollars to get a home inspection, you could end up saving thousands should problems be discovered thanks to the buyer’s inspection company.

This entry was posted on Friday, March 14th, 2008 at 8:00 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.